Take a moment to understand the exact meaning of an accounting term and how it's used.
The International Financial Reporting Standards (or IFRS Revenue Recognition rules) clarify the principles for recognizing revenue from contracts with customers. It applies to all contracts with customers except leases, financial instruments and insurance contracts.
Learn about the key factors impacting how your company business operates in the U.S. and internationally.
Discover the key rule changes and key terms when it comes to debt classification.
Discover the tax rules and implications for gift cards, which are becoming more and more popular.